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Market Impact: 0.25

Canadian dollar hits nearly three-week high as investors shake off trade angst

Source: The Globe and Mail

Currency & FXEnergy Markets & PricesTrade Policy & Supply Chain

The Canadian dollar strengthened to nearly a three-week high against the U.S. dollar on Tuesday, supported by higher oil prices. Investors appeared to prioritize the oil-price tailwind over risks from the escalating U.S.-Canada trade conflict.

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